How to exchange VRT digital currency

1. After the digital currency is sold, it is generally universal usdt, or OTC, which can be directly converted into legal currency, that is, RMB, which is not difficult to operate.

2.

Usdt is TEDA currency and cannot be converted into RMB Notice on carrying out self inspection and rectification of payment services for illegal virtual currency transactions all Payment institutions within the jurisdiction shall carry out self inspection and rectification, strictly prohibit providing services for virtual currency transactions, and take effective measures to prevent payment channels from being used for virtual currency transactions

TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar. Each TEDA coin is symbolically associated with government supported legal tender. TEDA currency is a virtual currency kept in the foreign exchange reserve account and supported by legal tender. This method can effectively prevent the price fluctuation of cryptocurrency. Basically, the value of a TEDA currency is equal to US $1

on January 16, 2018, among the top 50 cryptocurrencies in global value, most of the digital virtual cryptocurrencies suffered a sharp drop in price, but the price of TEDA currency rose against the trend. The price of TEDA was $1.04, up 3.23% from the previous day, with a total market value of $1.69 billion. In addition to TEDA, most virtual currencies, including bitcoin, Ethereum, and lightcoin, have experienced sharp declines

extended information:

in 2017, the regulatory authorities issued the notice on preventing the financing risk of token issuance, which clearly pointed out that financial institutions and non bank payment institutions are not allowed to carry out business related to token issuance financing transactions. All financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability

the Internet Finance Association of China issued the risk tips on preventing ICO activities in disguised form, calling on consumers and investors to recognize the essence of relevant models, enhance risk prevention awareness, invest rationally, and not blindly follow the trend of speculation. Previously, blockchain technology was once sought after by a number of listed companies and the capital market, but it also led to questions about whether it was over hyped and "stepping on the red line"

3. At present, there is no digital currency in the world that can be directly converted into legal currency in banks. However, it can be exchanged for legal money on the platform supporting its transaction. Basically, the digital currency that claims to be able to exchange legal money directly in the bank is mostly pyramid scheme
the choice of digital currency investment depends on whether it has a good application scenario planning. Bitcoin has been recognized worldwide; Ethereum is an intelligent contract platform, and decent is a distributed content publishing platform based on blockchain technology.

4. There is no need to exchange it. It is the digital form of RMB. It's legal tender. It's compulsory circulation.

5. The so-called digital currency is not through the direct use of money. Pay directly by mobile phone. Or pay by computer. Or cloud payment. These are digital currencies.

6. These days, the tricks of swindlers are emerging in endlessly. Be careful not to be cheated. Be careful not to make Wannian boat!

7. Is digital currency the safest? It can't be said that it is the safest. It can only be said that it is relatively safe.

8. This is actually very simple. Let's take Qianfeng mall as an example. Qianfeng team created digital currency Qianjin card and Qianfeng mall. The only payment method of Qianfeng mall is Qianjin card, so you can use digital currency to shop in Qianfeng mall
of course, the same is true for other digital currencies. As long as businesses accept digital currency payment, bitcoin, Ruitai, Laite, doggy and other digital currencies can be used as a payment method.

9. Digital currency cannot be cashed. Under the condition of no prohibition, the buyer can be found to convert into currency. It can also be sold to others for cash. No matter whether it goes up or down, the issuer is not responsible for cashing it for you. So digital currency is just a flower passing game.